Is Qatar Navigation Q.P.S.C. (QNNS) halal?
Qatar Navigation Q.P.S.C. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 5% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.4% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 5% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 0.4% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 0.4% of Qatar Navigation Q.P.S.C.'s revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0.4% of each dividend. Open the full analysis for the amount per share.
About Qatar Navigation Q.P.S.C.
Qatar Navigation Q.P.S.C., commonly known as Milaha, is a leading maritime and logistics company headquartered in Qatar. This diversified entity plays a critical role in the shipping, maritime services, logistics, and offshore support sectors. Established in 1957, Milaha has expanded its operations far beyond traditional maritime activities to include various segments such as maritime transport and logistics, offshore engineering, and embarked into ventures such as real…
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Frequently asked questions
Is Qatar Navigation Q.P.S.C. (QNNS) halal?
Qatar Navigation Q.P.S.C. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 5% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.4% of revenue (limit 5%).
What makes a stock halal or haram?
Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.
How much of Qatar Navigation Q.P.S.C.'s dividends should be purified?
About 0.4% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.
How often is this updated?
Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.